Chinese edtech firm Yuanfudao doubles in valuation after $2.2b funding rounds

Chinese edtech firm Yuanfudao doubles in valuation after $2.2b funding rounds

Source: Avel Chuklanov/Unsplash

Chinese online education platform Yuanfudao announced on Thursday that it has raised $2.2 billion from two funding rounds, which have almost doubled the unicorn’s valuation in less than seven months.

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